Oil search shares suspended

Group's announcement of financial results, material acquisition still pending.

Shares in Oil Search (OSH) have been suspended from official quotation from the start of trade today at the company's request, pending an announcement of its financial results, a material acquisition and a proposed capital raising associated with that acquisition.

In a statement to the Australian Securities Exchange, Oil Search said the suspension was necessary to allow it to finalise the details of an institutional placement to fund the proposed deal.

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